I'm the only recipient of my late father’s estate with all property in now in my sole name, including the my former home in Mildenhall. Conveyancing formalities meant that the Land Registry date was in December. I want to move. I understand that there is a CML six month 'rule', meaning my property ownership will be treated the same way as if I'd bought the house in December. Is the property unsalable for six months?

The CML handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. many mortgage companies would take a practical view as this obligation chiefly exists to capture the purchase and immediately sell or the quick reselling of properties.

I have today made my last payment due on my mortgage with RBS. I assume I don't need a Mildenhall conveyancer on the RBS panel to discharge the mortgage at the Land Registry. Am I right?

If you have finished paying off your RBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the RBS mortgage from the register. RBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:

1. but are not moving to another property
2. where RBS has sent the Land Registry the discharge electronically, and
3. RBS has instructed the Land Registry to do so

After what seems like an age I have had an offer on a maisonette in Mildenhall agreed to, but there is a chain. The owners have placed an offer on a property, however it’s not yet agreed to, and are looking at other apartments in the pipeline. I have instructed a local conveyancing solicitor in Mildenhall. What should be my next step? When should I get the mortgage application with Barclays started?

It is normal to have concerns where there is a chain as you are unlikely to want to incur costs too early (mortgage application is approx one thousand pounds, then valuation, Mildenhall conveyancing search charges, etc). First, you must ensure that your conveyancing practitioner is on the Barclays conveyancing panel. Concerning the subsequent steps this very much dictated by the uniqueness of your transaction, motivation for this property and on the state of the market. During a hot market some purchasers would apply for a home loan with Barclays and arrange for the valuation and only if it was satisfactory would they ask their conveyancing practitioner to proceed with searches.

I am looking for a leasehold apartment up to £195,000 and identified one round the corner in Mildenhall I like with open areas and station in the vicinity, however it's only got 49 years on the lease. There is not much else in Mildenhall suitable, so just wondered if I would be making a grave error acquiring a short lease?

Should you require a mortgage the shortness of the lease will likely be problematic. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.

I am downsizing from my property. My past lawyers has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Mildenhall if that makes things easier.

Please use our search tool to help you find a solicitor for your conveyancing in Mildenhall. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.

What are the common problems that you encounter in leases for Mildenhall properties?

There is nothing unique about leasehold conveyancing in Mildenhall. Most leases are individual and drafting errors can result in certain provisions are not included. The following missing provisions could result in a defective lease:

A provision for the recovery of money spent for the benefit of another party. Maintenance charge proportions which don’t add up to the correct percentage

You may have a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Barclays , Skipton Building Society, and Nottingham Building Society all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to provide security, forcing the purchaser to withdraw.

Mildenhall Leasehold Conveyancing - A selection of Questions you should consider Prior to buying

On the whole the cost for major works are not included within service charges, albeit that a few managing agents in Mildenhall obliged tenants to pay into a reserve fund and this is used to offset against larger works. The prefered form of lease structure is a share of the freehold. In this arrangement the tenants benefit from being in charge if their destiny and notwithstanding that a managing agent is frequently employed where it is larger than a house conversion, the managing agent retained by the leaseholders. How many years remain on the lease?

Whilst your website is a good idea there are many lawyers listed near Mildenhall being on the bank conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for our mortgage company?

We do not recommend specific Mildenhall firms as the right Mildenhall conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Mildenhall knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..